LSYIX vs. BHYIX
Compare and contrast key facts about Lord Abbett Short Duration High Yield Fund (LSYIX) and BlackRock High Yield Bond Portfolio Institutional Shares (BHYIX).
LSYIX is managed by Lord Abbett. It was launched on Apr 30, 2020. BHYIX is managed by Blackrock. It was launched on Nov 19, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LSYIX or BHYIX.
Correlation
The correlation between LSYIX and BHYIX is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LSYIX vs. BHYIX - Performance Comparison
Key characteristics
LSYIX:
1.16
BHYIX:
1.92
LSYIX:
1.60
BHYIX:
2.73
LSYIX:
1.29
BHYIX:
1.45
LSYIX:
0.93
BHYIX:
1.95
LSYIX:
3.91
BHYIX:
8.41
LSYIX:
1.26%
BHYIX:
0.94%
LSYIX:
4.24%
BHYIX:
4.09%
LSYIX:
-10.94%
BHYIX:
-34.81%
LSYIX:
-3.36%
BHYIX:
-1.37%
Returns By Period
In the year-to-date period, LSYIX achieves a -1.67% return, which is significantly lower than BHYIX's 0.56% return.
LSYIX
-1.67%
-2.06%
-1.07%
5.16%
6.03%
N/A
BHYIX
0.56%
-0.43%
1.04%
7.37%
6.58%
4.61%
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LSYIX vs. BHYIX - Expense Ratio Comparison
LSYIX has a 0.45% expense ratio, which is lower than BHYIX's 0.59% expense ratio.
Risk-Adjusted Performance
LSYIX vs. BHYIX — Risk-Adjusted Performance Rank
LSYIX
BHYIX
LSYIX vs. BHYIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration High Yield Fund (LSYIX) and BlackRock High Yield Bond Portfolio Institutional Shares (BHYIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
LSYIX vs. BHYIX - Dividend Comparison
LSYIX's dividend yield for the trailing twelve months is around 7.91%, more than BHYIX's 6.87% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LSYIX Lord Abbett Short Duration High Yield Fund | 7.91% | 8.39% | 7.84% | 6.66% | 5.60% | 4.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BHYIX BlackRock High Yield Bond Portfolio Institutional Shares | 6.87% | 7.44% | 6.62% | 5.36% | 5.12% | 5.12% | 5.58% | 6.31% | 5.63% | 5.60% | 5.69% | 5.93% |
Drawdowns
LSYIX vs. BHYIX - Drawdown Comparison
The maximum LSYIX drawdown since its inception was -10.94%, smaller than the maximum BHYIX drawdown of -34.81%. Use the drawdown chart below to compare losses from any high point for LSYIX and BHYIX. For additional features, visit the drawdowns tool.
Volatility
LSYIX vs. BHYIX - Volatility Comparison
Lord Abbett Short Duration High Yield Fund (LSYIX) has a higher volatility of 2.85% compared to BlackRock High Yield Bond Portfolio Institutional Shares (BHYIX) at 2.40%. This indicates that LSYIX's price experiences larger fluctuations and is considered to be riskier than BHYIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.